Historical Thursdays
- Black Thursday refers to October 24, 1929 when stock prices on the New York Stock Exchange fell sharply, with record volume of nearly 13 million shares. Five days later, the market crashed on volume of over 16 million shares – a level not to be surpassed for 39 years. In popular imagery, the crash has come to mark the beginning of the Great Depression.
Read more about this topic: Thursday
Famous quotes containing the word historical:
“What is the historical function of Parliament in this country? It is to prevent the Government from governing.”
—George Bernard Shaw (1856–1950)